I think you will probably need 4-5 bedroom to make it work close to break even and you may even need to rent out your bedroom occasionally when the opportunity presents itself. 

If you've been reading books and listening to podcasts, adding in-person real estate investor meetups is usually the special sauce to break the paralysis.

However, once i hit my goal and preparing to break ground on new construction, having a plan seems to help me better than shooting from the hip.

(You won’t get the ongoing tax break and you’ll be selling or paying the taxes to cash out.)You convert capital gains income in to regular income. 

I thought the guy was going to give me a break since I used him so many times and he told my wife that it wouldn’t be much.  23K is a lot of money if you didn’t agree to that price.  

Like I said she pushes the boundaries but doesn’t break laws so it’s been hard to get rid of her. 

If they are high maintenance, you can also have a talk with them along the lines of if they aren't happy there, they are welcome to give 30 days' notice and not pay the penalty for breaking the lease. 

SarahI’m gonna give a slightly different answer than others, figure out where/how you want to live within reason & than figure out a way to use strategies to make that somewhat affordable but using a strategy 1st approach is really risky in this market, because it might take 4-5 years to even break even vs renting, so you want to find a place you’d be happy to live for 4-5 years & than find strategies like house hacking that make that more affordable. 

Let me break down the title experience and what I learned. 

Multiple residential rental projects have recently completed on the street with others either in progress or about to break ground.